OTCQX:SREMF - Post by User
Post by
theancienton Jul 21, 2014 8:05pm
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Post# 22767789
RE:RE:RE:RE: RBI-news
RE:RE:RE:RE: RBI-newsO'k, akimbo and nix., I am stil here, might do a bit of what my friend called : "king fisher style tradings ".
I just came home from a two hour coffee session with my morning-coffee-shop buddy, we focus on two points from the news release:
1) From news release : "currently the plant is focused on building to commercial volumes of technical grade material and achieving regular delivery of product to our off-take partners".
now, from this statement,
Does it means that RBI is still spending money on capital equipment?
is RBI incapable of producing second grade product?,
are RBI's off-take partners willing to buy technical-grade material?
if so, is RBI going to get some sales and income?
2) Statement from news release : "However, should such funding efforts not be successful, this could result in delay postponement or interruption of operation of the Quebec Lithium operation untill a fianncial solution is achieved."
Are they trying to say, if they run out of money they can stop working and wait for money from ????, and start again? isn't that chapter 11?. if this is so, what's going to happen to point #1?
is this statement a scare tactic to get a low low price for themselves on the coming pp ?
Well folks, think about it, and put yuor opinion on the board. LOL CHEERS GLTA
The canine group's barkings are not neccessary